Financial Performance - For the nine months ended September 30, 2022, the company recorded an unaudited net loss of approximately RMB 18.56 million, compared to an unaudited net loss of approximately RMB 14.13 million for the same period in 2021[6]. - The unaudited total revenue for the nine months ended September 30, 2022, was approximately RMB 16.65 million, representing 64% of the unaudited total revenue for the same period in 2021[6]. - Total revenue for the period from July 1 to September 30, 2022, was approximately RMB 4.77 million, a decrease of 50.2% compared to RMB 9.59 million in the same period of 2021[26]. - The company reported a net loss of approximately RMB 7.15 million for the period, compared to a net loss of RMB 5.71 million in the same period of 2021[26]. - The group recorded an unaudited gross profit of approximately RMB 5.32 million for the nine months ended September 30, 2022, with a gross profit margin of approximately 31.95%, down from 34.32% in the same period of 2021[94]. Assets and Liabilities - Total current assets as of September 30, 2022, amounted to RMB 31.79 million, a decrease from RMB 40.28 million as of December 31, 2021[9]. - Total non-current assets as of September 30, 2022, were RMB 69.30 million, down from RMB 77.23 million as of December 31, 2021[10]. - Total liabilities as of September 30, 2022, were RMB 97.39 million, compared to RMB 95.25 million as of December 31, 2021[19]. - The total equity attributable to shareholders of the parent company as of September 30, 2022, was RMB 1.28 million, a significant decrease from RMB 19.66 million as of December 31, 2021[22]. - The company reported a total asset of RMB 101.10 million as of September 30, 2022, down from RMB 117.52 million as of December 31, 2021[24]. Cash Flow - Net cash flow from operating activities was negative RMB 4.22 million, compared to negative RMB 20.17 million in the same period of 2021[30]. - Cash inflow from operating activities totaled RMB 25.33 million, while cash outflow was RMB 29.56 million, resulting in a net cash outflow of RMB 4.22 million[31]. - The net cash flow from financing activities was RMB 3,395,784.67 for the current period, compared to RMB 17,873,084.47 in the previous period, indicating a significant decrease[46]. - The company reported a total cash outflow from financing activities of RMB 5,078,674.11, down from RMB 8,445,334.81 in the previous period[45]. - The company's cash and cash equivalents decreased from RMB 4.37 million as of December 31, 2021, to RMB 2.42 million as of September 30, 2022[11]. Expenses - Total operating costs for the same period were approximately RMB 12.19 million, down 21.5% from RMB 15.45 million in the previous year[26]. - Research and development expenses for the period were approximately RMB 1.73 million, a decrease of 51.1% from RMB 3.53 million in the same period of 2021[26]. - Total sales expenses for the period from July 1, 2022, to September 30, 2022, amounted to 2,148,674.95, a significant increase from 1,333,250.74 in the same period of 2021, reflecting a year-over-year growth of approximately 61.3%[65]. - Management expenses for the period from July 1, 2022, to September 30, 2022, reached 4,685,063.66, up from 3,417,087.20 in the same period of 2021, representing an increase of approximately 37.1%[67]. - The total amount of management expenses for the year-to-date period from January 1, 2022, to September 30, 2022, was 14,008,357.36, compared to 10,466,709.52 in the same period of 2021, which is an increase of approximately 33.1%[67]. Shareholder Information - As of September 30, 2022, Mr. Xiao Bing holds 550,832,335 shares of domestic shares, representing approximately 44.00% of the total issued domestic shares[107]. - Mr. Chen Ji holds 273,344,804 shares of domestic shares, representing approximately 21.84% of the total issued domestic shares[107]. - Tianan Enterprise holds 328,363,637 domestic shares, accounting for approximately 26.23% of the total issued domestic shares[114]. - The company has a notable presence of family members in shareholding, with Mr. Xiao Bing and Mr. Chen Ji having substantial stakes through controlled companies[110]. - The total number of domestic shares issued is not specified, but the significant holdings indicate a concentrated ownership structure[114]. Corporate Governance - The company has complied with the corporate governance code as per GEM Listing Rules Appendix 15 for the nine months ending September 30, 2022[132]. - The company has adopted a code of conduct for securities transactions by directors in accordance with GEM Listing Rules, with no known violations reported[133]. - The audit committee, established on April 4, 2003, reviewed the unaudited consolidated results for the nine months ending September 30, 2022, ensuring compliance with applicable accounting standards[135]. - The board of directors consists of both executive and non-executive members, ensuring a diverse governance structure[135]. - The unaudited consolidated results have been adequately disclosed and prepared according to relevant regulations[135].
海天天线(08227) - 2022 Q3 - 季度财报